KUALA LUMPUR, Oct 22 (Bernama) -- The remaining net financial burden borne by the government in relation to 1Malaysia Development Bhd (1MDB) is estimated at RM20.1 billion, assuming no further recovery of funds or assets in the future.
Business : Govtâs Net Financial Burden Related To 1MDB Estimated At RM20.1 Bln -- MOF
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Key takeaways
The government's net financial burden from 1MDB is RM20.1 billion, after recovering RM31.3 billion from total obligations of RM51.4 billion.
- Government has paid RM42.5 billion in 1MDB-related debts since 2017.
- Outstanding government-guaranteed Islamic notes amount to RM8.9 billion.
- Civil claims for fund recovery remain active regardless of criminal sentencing.
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Related reporting
2 stories on this topic from 2 sources, oldest first.
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- Bernama Business : Govtâs Net Financial Burden Related To 1MDB Estimated At RM20.1 Bln -- MOF (this story)